61 Cottage Lane

61 Cottage Lane has been categorized by the local assessors in Lincoln, AL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 61 Cottage Lane has 1,450 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 603 ft. The area measurement of the land has been determined as 6,092 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a gable or hip style roof made of asbestos. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 61 Cottage Lane was last sold in Jan 1, 1970 for $164,000. According to our calculations, that's $113.10 per sqft. Current property owners are expected to pay $714 in taxes per year. The property on 61 Cottage Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,450. To break that down further, the land itself was valued at $3,270. While improvements to the property were assessed at a total of $16,180. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.